Biden warns states with low Covid vaccination rates may see cases rise again
President Joe Biden warned Monday that coronavirus case numbers could rise once again in U.S. states with low Covid-19 vaccination rates
For the first time since the pandemic began over a year ago, Covid-19 cases are down in all 50 states, Biden said
He said it would be a needless “tragedy” to see Covid cases rise among those who do not get vaccinated
All eyes on Walmart+: Investors want to know if service is creating more loyal customers
Walmart+ launched in the fall, but the retailer has not shared how many subscribers it has
The subscription service is part of a broader effort to diversify how Walmart makes money, from advertising to healthcare
The company will report its first-quarter earnings on Tuesday and share how sales have fared as Covid-19 cases fall in the U.S.
UAE is in talks with UK about ‘red list’ travel ban, should be off list ‘soon,’ Emirates chairman says
Spokespersons for the U.K.’s Foreign Office and Transport Ministry were not immediately available for comment when contacted by CNBC
The U.K. Foreign Office currently “advises against all but essential travel to the whole of the United Arab Emirates based on the current assessment of COVID-19 risks”
The Michael Burry is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission.
Burry previously mentioned in a tweet, that Tesla’s reliance on regulatory credits to generate profits is also an impediment to the company’s long-term prospectscountry of roughly 10 million has been on the U.K.’s “red list” for travel since mid-January, requiring a mandatory hotel quarantine for anyone arriving from the UAE
Elon Musk impersonators stole more than $2 million in crypto scams
Impersonators of Tesla CEO Elon Musk have stolen at least $2 million from cryptocurrency investors in so-called giveaway scams, according to the Federal Trade Commission
Musk, the self-proclaimed “dogefather,” has been a big supporter of digital currencies like bitcoin and dogecoin
Crypto fraud surged to record levels since October, according to the FTC. Nearly 7,000 people reported bogus investments since then and lost more than $80 million total
Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla
Michael Burry is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission
Burry was one of the first investors to call and profit from the subprime mortgage crisis
Burry previously mentioned in a tweet, that Tesla’s reliance on regulatory credits to generate profits is also an impediment to the company’s long-term prospects
Ryanair says business ‘continues to be challenging’ as traffic falls 81%
The airline reported a full-year net loss of 815 million euros ($989 million) on Monday as Covid-19 restrictions pushed its traffic levels down 81%
Regardless of the recent surge in bookings, Ryanair only expects to come close to breakeven in the 12 months to March 2022
Amazon has a new plan to cut worker injuries by 50%
CEO Jeff Bezos wrote extensively on workplace injuries, in particular the common warehouse manual labor injuries called MSDs, in the most-recent annual letter to shareholders
The company’s goal is to cut workplace recordable incident rates, an OSHA measurement covering injury and illness, by 50% by 2025
By K Buenavista
Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.
